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The company was founded in October 2022, in London, by four finance savvy who used to work for renowned financial groups:
Their common vision? Revolutionizing access to financial technologies via an app.
It offers a 360° service. It allows you to centralise:
It also offers the freedom to convert cryptocurrencies into euros and vice versa without constraints or limits.
Even before the company launched its product, they had already raised €12M. Only a year after its creation, the company now has 26 employees. Due to this success, Deblock needed to develop itself on the European market and identified France as primary market. The first step was to be approved by the ACPR (Banque de France) which supervises the bank sector as well as the insurance sector to ensure a stable financial market. The 2nd step was to find the ideal location for its offices.
Most importantly, the startup was looking for a flexible solution and an easily accessible location. After investigating the possibility of setting up in Paris, Lille emerged as the ideal solution for several reasons.
Deblock needed to easily be in contact with their offices in London and be as close as possible to the Eurostar. Northern France appeared to be the smartest choice by being the closest continental neighbour to the United Kingdom. On top of that, it also has immediate proximity to Paris.
Northern France is cheaper than Paris and other European cities. both for:
By settling in Lille, Deblock has access to different institutions specialized in helping Tech companies as well as startups.
It is the largest startup incubator in Europe and offers major growing opportunities.
To give you a bit of perspective, here are a key figures regarding Euratechnologies:
It is an ecosystem of startups in charge of supporting the structuring and growth of the French start-up ecosystem. This association is supported by the French government and offer an ecosystem that brings together startups, innovative companies, investors, decision-makers, public players, associations, schools etc.
They have dedicated programmes for startups:
«The UK Business Centre Lille made our installation much easier, thanks to dedicated contacts for UK-based companies who understood our needs. Their support was decisive. The geographical location of Lille at the heart of our markets and of UKBC Lille, right in the city center, in the immediate vicinity of Lille Europe station, with its numerous Eurostar links, reinforced our decision. It was therefore the most appropriate choice for us to set up in France with ease.»
Jean Meyer, co-founder of Deblock
“It is like a holding-hand to set-up shop, versus going online and google translating from French to English which can be quite daunting.”
Adrianna Restrepo, co-founder of Deblock
The UK Business Centre Lille provided Deblock with a flexible solution to relocate part of its team in France and access the French market.
The UK Business Centre provided Deblock with:
The UK Business Centre Lille is a soft-landing solution for British companies to access the European market. Contact us to find out more!
We’ll get back to you as soon as possible to answer any questions you may have about your development project.
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